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# fiat News

February 4, 2019 by at Altcoins, Bitcoin, News, Regulation
According to a Quartz report published February 4, 2019, the Indian government is skeptical regarding the possible implications of cryptocurrencies on the Indian Rupee, fearing that digital currencies might destabilize the national currency. Regulatory Panel Hesitant of Cryptocurrencies The Indian government has long had a strict stance towards cryptocurrencies, often...
January 30, 2019 by at Business, Investment, News
According to a report by South China Morning Post published on January 28, 2019, Galaxy Digital is raising close to $250 million for a credit fund that would offer loans in USD to cryptocurrency businesses. Galaxy Digital is a digital assets bank founded by former Goldman Sachs partner Mike Novogratz....
The Chairman of the International Business Forum (IBF) Erol Yarar has urged Islamic countries to embrace a common type of cryptocurrency system. The call was made due to the growing concerns among Muslim states on the overwhelming nature of the U.S. dollar and its grip on the world financial markets,...
The phenomenal rise in the price of Bitcoin and cryptocurrencies in late 2017 saw a lot of new cryptocurrencies, particularly ICOs flood the crypto space. The increase in the number of cryptocurrency projects was met with a proliferation in the number of crypto exchanges. As at the time of writing...
November 11, 2018 by at Business, Finance, News
A group of large institutional investors in the U.S., including BlackRock Inc., a global asset management company with $6.3 trillion in assets under management, has sued 16 major banks accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market, Reuters reported on November 8, 2018. Major U.S....
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